News and commentary about white-collar crime, enforcement, and compliance
Harry Cassin
Publisher and Editor
Andy Spalding
Senior Editor
Jessica Tillipman
Senior Editor
Bill Steinman
Senior Editor
Richard L. Cassin
Editor at Large
Elizabeth K. Spahn
Editor Emeritus
Cody Worthington
Contributing Editor
Julie DiMauro
Contributing Editor
Thomas Fox
Contributing Editor
Marc Alain Bohn
Contributing Editor
Bill Waite
Contributing Editor
Russell A. Stamets
Contributing Editor
Richard Bistrong
Contributing Editor
Eric Carlson
Contributing Editor
Every compliance training session should include this warning: If you ever become involved with, see, or otherwise discover a potential FCPA violation, stop everything. Don’t clean your desk, empty the trash can, or clear your browser history.… Continue Reading
The DOJ said Monday a French citizen has been arrested and charged with trying to obstruct a federal investigation into whether a mining company paid bribes to win mining rights in the Republic of Guinea.… Continue Reading
In Marc Alain Bohn’s FCPA Docket yesterday, there was important news about three individuals facing sentencing in the Control Components Inc. case.
On February 1, prosecutors asked the court to sentence Mario Covino, Richard Morlok, and Flavio Ricotti to probation and no jail time.… Continue Reading
David Edmonds, a former vice president of California-based Control Components Inc., was jailed for four months at his sentencing Monday for violating the FCPA, followed by four months of home confinement.… Continue Reading
The former CEO of Control Components Inc. was sentenced to four months in prison yesterday and ordered to pay a $20,000 fine.
Stuart Carson, 72, of San Clemente, California, pleaded guilty to one count of violating the FCPA.… Continue Reading
In a court filing late last week, the DOJ said Hong Rose Carson, the former sales director for Control Components Inc. in China and Taiwan, should be sentenced to just six months of home confinement and fined $20,000.… Continue Reading
There was just one corporate enforcement action during the second quarter of the year. During the same period last year, there were five, and two in 2010.
But the Morgan Stanley declination made big news during the second quarter.… Continue Reading
David Edmonds, the former vice president of worldwide customer service at California-based Control Components Inc. (CCI), pleaded guilty Friday to violating the Foreign Corrupt Practices Act.
He’s the seventh former CCI executive to plead guilty to FCPA charges.… Continue Reading
Chris Matthews of the Wall Street Journal reported today that Paul Cosgrove will appear in federal court Tuesday and plead guilty to charges stemming from a global bribery scheme at Control Components Inc.… Continue Reading
Without any appellate record to guide them on the issue of ‘foreign officials,’ should Joel Esquenazi and Carlos Rodriguez have gone to trial? Or should they have plea-bargained for shorter sentences?… Continue Reading
Joel Esquenazi and Carlos Rodriguez — both sentenced to federal prison for FCPA and related offenses — are asking the U.S. Court of Appeals for the 11th Circuit to rule that state-owned Telecommunications D’Haiti S.A.M.… Continue Reading
aul Cosgrove and David Edmonds are preparing for trial next month in federal court in California. They face counts for conspiracy to violate the FCPA and the Travel Act, and substantive violations of those statutes.… Continue Reading